7 Winter Street , Montpelier, VT 05602
Montpelier, VT 05602
Description
Well maintained 7 Unit building in sought after "Meadows" neighborhood between downtown and Hubbard park. 9% cap rate with room for increases in rents makes this an attractive investment. Tenants pay heat and electricity. Entirely updated electrical and recent updates make this a low maintenance solid investment. Super easy to rent these great units with quick walk to downtown and Hubbard park, yet tucked away on a quiet street. Owner went through and updated each apartment in the building as they became available over the past 14 years. Every piece of electrical replaced in that period and most of the plumbing. Extra time and care was given to updates with an eye towards quality, low maintenance and longevity. Enormous parking area gives the tenants much sought after off street parking. More than 1 unblocked parking spot per bedroom with a back yard and front yard. All the roofs other than the very upper roof have been replaced. Insulation and weatherization have been improved throughout. Pride of ownership is evident throughout this multi family. Seller is also the listing agent, a licensed real estate agent in the state of Vermont. Extremely limited assisted showing windows available. Showings 12pm to 2pm on Friday 12/6 and Monday 12/9. Property is smoke free, and mostly pet free. No cats or dogs. Super low maintenance yet attractive siding. Make an appointment as this one won't last.
Details
| Mls | 5022765 |
|---|---|
| Listing Type | For Sale |
| Subtype | Resale |
| Status | (10) Active - Active |
| Year | 1878 |
| Days On Site | 24 |
| Listing Provided By | EXP Realty | JC Earle |
Features
| Sq Feet | 5,980 |
|---|---|
| Basement | Y |
| Storys | 3 |
| Units | 7 |
| Zoning | Residential 3000 |
| Acreage | 0.25 |
Market Activity 05602
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Learn More About This Property
| State | VT |
|---|---|
| County | Washington |
| City | Montpelier |
| Zip Code | 05602 |
| School District | Montpelier High School |
| Elementary School | Union Elementary School |
| Middle School | Main Street Middle School |
| High School | Montpelier High School |
| Listing VS Median (in 05602) | |
Price: $795,000 low | high Med: $480,000 SqFt: 5,980 low | high Med: 4,216 $ / SqFt: $133 low | high Med: $144 On Site: 24 low | high Med: 32.000000 | |